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Bangkok Hotel For Sale
Location: Thailand -> Bangkok
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

This three star hotel sits within Bangkok's prime tourist zone, in one of the major streets leading off Sukhumvit Road. With great shopping and entertainment areas all around, this hotel is positioned well, and is very close to the Skytrain and in close proximity to embassies, banks and the Queen Sirikit National Convention Centre. It is within easy walking distance of entertainment areas and many restaurants as well. There are over 80 superior rooms, 20 executive rooms, and two suites. The hotel enjoys a 90% occupancy rate with about 80% of the clientele being Japanese. There's a parking garage and a small pool, the rooms are average sized and the rates go from 800-1500 baht. The selling price is 360 million baht. This prime property will not last long. Contact for more information on this Hotel business for sale. (Ref: TH173/05)


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $3,000,000
Cash Flow:   $1,500,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  1980
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned




Print Listing Id: 70027470
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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